Arizona-Based Monetary Metals Raises $10.5M in Funding

The company will use the funding to continue developing its platform and expand its business reach.

What is Monetary Metals?

Monetary Metals operates a marketplace that allows gold owners to earn a yield on their gold.

The company leases gold to precious metals businesses such as jewelers and refiners, which use the gold to finance their inventory. This allows gold owners to generate returns from their holdings.

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The platform serves individuals and institutions, as well as businesses that use gold in their operations.

How Much Funding Has Monetary Metals Raised?

Monetary Metals has raised $10.5 million in its latest funding round.

The new financing brings its total funding to nearly $25 million.

The round included investment from both existing and new shareholders, although the investors were not disclosed.

Who Invested in Monetary Metals’ Funding Round?

Monetary Metals did not disclose the names of the investors in the latest funding round.

The company said the financing included both existing and new shareholders.

Why the Funding Matters

Monetary Metals will use the new capital to continue developing its gold yield marketplace and expand its business reach.

Who founded Monetary Metals?

Monetary Metals was founded in 2012 by Keith Weiner.

The company is based in Scottsdale, Arizona, and has operated since 2016.

Market and Business Growth

Monetary Metals has more than doubled the amount of gold deployed year over year.

The company was also recently named among the top 8% of companies on the 2026 Inc. 5000 list.

Since 2016, individuals and institutions have used its Gold Yield Marketplace to earn monthly yields in gold and silver.

What Happens Next?

Monetary Metals plans to continue developing its platform and expanding its business reach following the latest funding round.

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